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Re: powerbattles post# 7904

Friday, 08/18/2023 12:31:06 PM

Friday, August 18, 2023 12:31:06 PM

Post# of 21131
PB have you ever seen anything like this before? Not in N*EPT but was just wondering why it went up today and saw that they are allowing a Morgan Stanley sub company to take over their baby food section of their company in exchange for paying off their debt. Well at least we just learned what can move a stock whether its OTC or Smallcap......never heard of something like this and I will be on the lookout for any OTC's that does this.... This is like a mini spinoff because they are allowing all the money they make on the baby food to be given to that Morgan Stanley company...lol....Spinoffs are a good thing...
https://www.prnewswire.com/news-releases/neptune-wellness-enters-into-binding-term-sheet-with-morgan-stanley-providing-option-to-exchange-debt-of-sprout-organics-301903997.html